450 W Briar Pl APT 13CChicagoIL60657
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Chicago at 450 W Briar Pl APT 13C, Chicago, IL, 60657 earns from $1,889/mo rent with a $1,390/mo payment. Total monthly income totals $1,889/mo. ROI tracks 10.98% on current figures, and rental yield reads 7.98% at a $284,000 purchase. Equity gained on principal adds $1,833/yr, and 5% annual appreciation supports $78,464 over five years. Five-year ROI reaches 58.83% and total cumulative return in cash sums $55,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,889/mo property income instead of your personal income.
Multi Family
Built in 1972
0.42 Acres lot
$N/A/sqft
$620 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60657, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,834 (100%) |
| Owner Occupied HU | 15,811 (34.5%) |
| Renter Occupied HU | 26,750 (58.4%) |
| Vacant Housing Units | 3,273 ( 7.1%) |
| Median Home Value | $548,884 |
| Average Home Value | $687,417 |
Housing Distribution
Address Breakdown
Residential
41,857
Single Family
7,557
Multi-Family
34,300
Businesses
2,016
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